Clemente Del Vecchio is A Young Tycoon in the World of Eyewear Empires

In a remarkable turn of events, Clemente, at the tender age of 18, assumed the title of the world’s youngest billionaire upon inheriting his stake in his father’s fortune in 2022. This transition into the realm of global wealth not only highlights his financial acumen but also positions him as a notable figure in the expansive landscape of family legacies and corporate empires.

Clemente Del Vecchio, the scion of the late Leonardo Del Vecchio, former Chairman (d. 2022) of EssilorLuxottica, commands attention as one of the six children in this influential eyeglasses dynasty. Inheriting a substantial 12.5% stake in his father’s Luxembourg-based holding company, Delfin. Following Leonardo’s passing, Clemente shares this legacy with his stepmother and six siblings.

Delfin, beyond its significant holdings in EssilorLuxottica, boasts a diverse portfolio that extends to shares in renowned entities such as insurer Generali, banks Mediobanca and UniCredit, and real estate developer Covivio. This multifaceted investment strategy reflects the astuteness of the Del Vecchio family in navigating varied sectors.

Clemente Del Vecchio, born of Leonardo’s union with Sabina Grossi, Luxottica’s former head of investor relations, stands alongside his brother Luca as one of the two children from this union. Their lineage connects them deeply to the legacy of EssilorLuxottica, a global eyewear giant.

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